Schnoodle (SNOOD) is a true trustless and progressive DeFi DAO that bridges key cryptocurrency concepts including meme, yield farming, NFTs, and multichain interoperability. As an investor in Schnoodle, there are many opportunities to gain SNOOD tokens through buying and holding (BARK algorithm), farming via the Moon Farming Platform, or earning via Dework. Schnoodle has recently relaunched on the Polygon blockchain as part of its multi-chain strategy, seeing Polygon as a strategic step towards becoming a true progressive DAO with bleeding-edge technology.
Schnoodle uses bleeding edge decentralized technologies to form a fully trustless and permissionless ecosystem known as the Schnoodle Community Ecosystem (SCE). The SCE consists of the Foundations of Schnoodle (FoS) which includes the Trustless Autonomous Governance (TAG) and Blockchain Automated Reward Kickbacks (BARK). The SCE also incorporates the Utilities of Schnoodle (UoS), which is constantly growing and includes features such as an eleemosynary function and the development of SaaS systems. The ultimate goal of Schnoodle is to help other DAO projects utilize their innovative technology and grow their platforms through their SaaS systems.
The Schnoodle tokenomics include a liquidity pool, operational reserve, ecosystem reserve, and a farming rewards pool. The total supply of Schnoodle tokens is fixed at 1 trillion, and tokens are automatically burned during moon farming. The circulating supply is approximately 25% of the total supply, excluding tokens that are locked and unavailable for trading. Schnoodle’s cornerstone features are the Trustless Autonomous Governance system, the Price Support Mechanism which aims to dampen volatility, the Fully Autonomous Bridge allowing transferability between chains, and the Blockchain Automated Reward Kickbacks system which rewards holders whenever there’s a sell swap.
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